We’ve made closing documentation a whole lot easier to navigate.
Whenever a raise closes, members will now receive a single PDF package that includes all the key legal documentstied to the investment. No more hunting through email attachments or downloading multiple files. It’s clean, clear, and comes with a built-in table of contents so you know exactly what’s inside. ✨
📘 What’s Included
Your bundled PDF will include:
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Cover Page + Table of Contents
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Issuer DCR (Director Consent Resolution) to Close the Raise & Issue Shares
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Funds Flow Agreement
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addy DCR to Release the Funds
🧷 Tooltips for the Cover Sheet
Each entry in the cover page comes with a tooltip to help you understand what that doc does. Here’s what each tooltip means:
1. Issuer DCR (to close the raise and issue shares)
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Internal/External Display: Internal
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Critical Function: Confirms the issuer has accepted all subscription agreements, is issuing the securities, and is authorizing related filings.
💬 Tooltip:
This resolution confirms that the raise officially closed, the funds have been received, and the shares are being issued to investors. It includes a list of every investor and their share certificate number.
2. Funds Flow Agreement
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Internal/External Display: Internal
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Critical Function: Lays out how the money moves — from addy’s trust account to the funding portal, and then to the issuer.
💬 Tooltip:
This document outlines exactly how your investment dollars get from addy’s trust account to the project. It includes step-by-step flow instructions and confirms all parties have agreed on the process.
3. addy DCR (to release funds)
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Internal/External Display: Internal
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Critical Function: Approves the release of investor funds in accordance with the flow of funds agreement.
💬 Tooltip:
This resolution shows that addy’s board has formally approved releasing the funds to the issuer, based on the terms laid out in the flow of funds agreement.
🧠 Why We’re Doing This
Real estate investments involve a lot of paperwork. But we don’t think that means you should have to be a lawyer to keep up. By bundling these docs into one neat package — and explaining what each one is — we’re making the post-closing process more transparent and user-friendly.
🤔 FAQ
Can I still get the individual documents separately?
Yes. If you ever need the original individual documents for any reason, just reach out to support@addyinvest.com and we’ll send them your way.
Where can I find my closing package?
Once a raise has closed and your investment is finalized, the closing package will be available in your addy Business data room under the folder labeled “Closing Package.” This bundle includes all the key closing documents in one PDF for easy viewing and downloading.
Does this apply to past investments?
This feature starts with raises closing from [Launch Date TBD] onward. We’re not retroactively bundling older closes — but we’re working on improving how those are displayed too!
Is this legally required?
Nope. This is an addy initiative to make things clearer and easier for members. All the included documents are already required under securities law — we’re just packaging them better.
If you’re ever unsure what something means in your closing package, we’re always happy to explain it. Just hit us up at support@addyinvest.com or ask in Discord.